Welcome to KPMG in Romania Tax Factsheets' page.
FATCA Agreement signed between the U.S. and Romania
On 28 May the Agreement between the United States of America and Romania (“the Agreement”) to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (“FATCA”) regime was signed at the Romanian Ministry of Finance.
Private Scholarships - Tax Incentives
Both legal entities and individuals can benefit from tax incentives for supporting pupils, students or doctoral students by offering them private scholarships.
Sponsorship - Tax incentives
To benefit from tax credit, sponsorship
expenses must meet certain conditions,
which are set out in Law no. 32/1994 on
sponsorship, as amended.